News

The $27 bln French luxury giant is set to pick Renault head Luca de Meo as its new boss, reports say. Kering badly needs a shakeup, and outsider picks have worked in other sectors. But the group’s ...
By the standards of sharper-elbowed markets, the recent dust-up between activist investor Strategic Capital and the Tokyo Stock Exchange is positively mild. For Japan’s historically sleepy stock ...
The $33 billion offer to buy out Toyota Industries rests on shareholders acquiescing in effectively financing a large slug of the deal. As a shocking example of how to engineer around Japan’s ...
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BPCE, the Paris-based mutual, is buying Novo Banco for 6.4 bln euros. The valuation looks reasonable, and Lisbon seems on ...
The porn-heavy platform is in talks to sell to a US investor group. An $8 bln valuation implies a lower multiple than the ...
In fresh signs of trouble for its $8 bln merger with Skydance, Shari Redstone’s media empire lost its CFO and is expanding ...
Investors in emerging market stocks get biblical returns. Seven years of plenty are often followed by seven lean ones. The ...
Five years ago, the $560 bln software developer started by Larry Ellison spent little and reaped a lot. Now it’s plowing 60% ...
Insurance is becoming the engine of the $17 trillion private asset management industry. For years, buyout barons funded deals ...
Marelli, which supplies parts to Nissan and Stellantis, will restructure some $4.9 bln of debt under US Chapter 11. India’s ...
The world’s largest asset manager aims to boost revenue 75% by 2030, buoyed by tech and private markets. Yet this bakes in a ...